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Poster: Mandojammer Date: Nov 13, 2008 1:44pm
Forum: GratefulDead Subject: Re: Non-Dead: When GM goes bankrupt....

GM is only the fourth or fifth domino to fall in what is likely a long list. I think we are going to be in a depression within 4 years that is going to make '29 look like a cakewalk.

Check out the info in some of the articles on Chris Martenson's website and formulate your own opinion and plan.

Read the Bait and Switch, Financial Distress and Deflation articles for some sobering stuff.

http://www.chrismartenson.com/

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Poster: bluedevil Date: Nov 13, 2008 1:54pm
Forum: GratefulDead Subject: Re: Non-Dead: When GM goes bankrupt....

Unfortunately, I tend to agree based on all the signs and things I've been reading.

... and that $50 oil is going to shoot right back up in the coming months....

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